The Process of Using Activity-Based Costing Information to Manage a Business's

question 87

Essay

The process of using activity-based costing information to manage a business's activities,and thus its costs,is called activity-based management.How do managers use the information provided by an activity-based costing system?

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Definitions:

Heat Sink

A heat sink is a device or substance for absorbing excessive or unwanted heat from an object, often used in computers and other electronic devices to cool processors or other components.

Transfer Heat

The movement of thermal energy from one object or substance to another through various means such as conduction, convection, or radiation.

Virtual Machine

A way for an operating system to appear as a separate computer to each application. One computer that has two or more operating systems installed that are unaware of each other due to virtualization software.

Operating Systems

Software that manages computer hardware, software resources, and provides common services for computer programs, allowing for user interaction with the hardware in a coherent manner.